Peace of Mind for You and Your Family
- Estate Planning, Probate, Estate & Trust Administration
- Estate and Trust Litigation
The need for thoughtful estate planning and trust administration has never been greater. This is true for all individuals regardless of age, wealth or family circumstances. Estate planning can be emotionally and legally challenging, and each situation is different. Every individual deserves to have an estate plan that is individually tailored to his or her goals and needs.
Our estate planning attorneys offer peace of mind to clients stemming from both our expertise in all aspects of estate planning and administration and our ability to explain the complexities of these areas in an understandable manner. Our collective expertise, team approach, and attention to detail enables us to deliver thoughtful, comprehensive and timely service. Clients tell us that they appreciate the individualized attention, quick response times and cordiality they experience when working with us.
Why is Estate Planning Important?
A well-written estate plan accurately states your goals and provides clear instructions on how to carry out these goals. The preparation of estate planning documents is the first step in an estate plan, but it is by no means the last step. Successful implementation of an estate plan may also involve many areas of the client’s life, including re-titling assets and changing beneficiary designations. We work with clients and their financial and business advisors to make sure that the estate plan works as intended.
Our experience allows us to identify and address areas of potential conflict when creating an estate plan and when administering estates and trusts. However, when conflict is inevitable, our team is adept at aiding fiduciaries (trustees and executors), beneficiaries and other interested individuals.
We also help clients plan for incapacity, through creating vital document such as powers of attorney and health care directives. These documents authorize trusted family members and friends to help you if you cannot make decisions about your financial, physical and mental well-being.
What is Estate and Trust Administration?
When a loved one passes, the process of administering the estate is often unfamiliar to surviving family members and can be daunting. We guide executors, trustees and other fiduciaries though the challenges and nuances of an estate or trust administration. We work with family members, coordinate with financial planners, accountants and other advisors to provide for a smooth transition. We are experienced in all aspects of estate administration, including estate tax returns, distribution of hard-to-value assets, beneficiary agreements, will contests and other conflicts.
Our attorneys and paralegals offer a range of experience and expertise in the following areas:
- Business succession planning
- Cabin ownership agreements
- Charitable planning
- Cohabitation agreements
- Estate and gift tax planning
- Estate planning for non-U.S. citizens
- Estate planning for same-sex couples
- Estate, trust and probate administration
- Family conflict avoidance
- Family foundations
- Family limited partnerships
- Health care directives and living wills
- Irrevocable trusts – life insurance trusts (ILITs) and gift trusts
- Premarital/antenuptial and postnuptial agreements
- Probate and trust litigation
- Retirement plan beneficiary designations
- Revocable living trusts
- S-corporations and family-owned businesses
- Second marriage and blended families
- Supplemental/special-needs trusts
- Trusts for family members unable to handle an inheritance
Related Estate Planning and Administration Articles
Barbara Kristiansson was recently featured in the Minneapolis Star Tribune for her advice on “Planning Now for the Future of the Family Cabin.” Other articles authored by our Estate Planning attorneys include:
- Three-Year Estate Planning Checklist
- Postmortem Affairs: Take care of a loved one who has special needs with a special needs trust
- Lifetime Gifts Are More Important Than Ever
- Helping a Family Member in Need: Don’t let your intrafamily loan run afoul of the IRS